The Pershing Effect? Universal Music Posts Mixed Q1 2026 Financials,
The Pershing Effect? Universal Music Posts Mixed Q1 2026 Financials, Doubles Share-Buyback Program’s Size, and Confirms Spotify Stock Sale Plans
Universal Music Group (UMG) has reported mixed financials for Q1 2026, including flat overall revenue and modest across-the-board streaming growth. Meanwhile, with a Pershing Square takeover attempt looming large, the major has confirmed plans to sell Spotify stock and supersize its share-buyback program.